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News

Austin real estate news combined with editorial and opinion.

East Austin’s Centro Offices Will Transform Nearly Two Full Blocks

James Rambin January 30, 2020 Comment

Centro, a mixed-use development by local firm Riverside Resources set to bring five floors of office and retail space to the so-called “Saltillo District” of East Austin, is still working its way through the city’s permitting process — meaning the project technically exists mostly on people’s computers at this point. But looking at renderings doesn’t really…

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At Third and Brazos, an Apartment Tower Plan Respects Its Elders

James Rambin January 28, 2020 Comment

A 44-floor downtown apartment tower at the southeast corner of East Third and Brazos Streets by Houston-based multifamily developer the Hanover Company has cleared its first hurdle on the long road from the drawing board to reality. At a meeting earlier this week, Austin’s Historic Landmark Commission approved the certificate of appropriateness for the demolition of…

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Downtown Austin’s Block 87 Tower Returns With a Freshened-Up Design

James Rambin January 25, 2020 Comment

A towering future for the full block at 701 Trinity Street bound by Neches, Trinity, Seventh and Eighth Streets could finally take shape, after years of speculation and modifications to a challenging design in a challenging location. What’s known as Block 87 in the original downtown Austin plan, now home only to a parking lot, was originally…

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Windsor Park’s First Shopping Center Looks Ready to Grow. But How?

James Rambin January 23, 2020 Comment

Windsor Village, the first shopping center opened in the midcentury Windsor Park neighborhood of East Austin in 1960, could someday host a transformative redevelopment of its property into a major residential and retail complex courtesy of prominent Houston-based commercial real estate firm Transwestern.  That’s at least the admittedly murky impression from pre-development documents related to the project,…

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Timbercreek Redevelopment Could Bring 550 Apartments to Bouldin

James Rambin January 16, 2020 Comment

The redevelopment of a 1970s-era South Austin apartment community could bring up to 550 new apartment units to the Bouldin Creek neighborhood, only a stone’s throw from the city’s growing South Central Waterfront district. The proposal, outlined in a briefing by Austin’s Planning and Zoning Department at a meeting of the city’s Environmental Commission earlier this week, will…

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Brazos Lofts to Become Third Major Downtown Austin Condo Buyout

James Rambin January 14, 2020 Comment

Unit owners at downtown Austin’s Brazos Lofts condominiums reportedly signed off last year on a $55 million buyout of the building, and according to information shared with TOWERS by confidential industry sources, the closing and distribution of those funds is anticipated this week in preparation for the site’s eventual redevelopment by its soon-to-be new owners,…

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